I’ve been asked to comment on a brewing storm in a tea cup, the supposed opening of the gates to hordes of Indian IT workers. At this time, all that the government is considering is a Framework Agreement, or an agreement to work in a time-bound manner toward a technical and economic cooperation agreement. I was involved in the early stages of negotiation but have little knowledge of current state. Not having the time to engage with the issues in detail, I thought, I’d paste below the transcript of a talk I gave at the National Chamber of Commerce, along with the slideset. Addressing an audience of who I took to be diehard protectionist types from the world of commodities and goods, I had highlighted how much we had benefited from unilateral but incomplete (one still had to grovel before the BoI for most permissions) liberalization that allowed us to grow the telecom and IT & ITES sectors over the past two decades.
Not bad for a young industry. But I do hope the results of the survey will be disclosed quickly and with breakdowns of export and domestic earnings and employment. Last time it had to be extracted in dribs and drabs. “Sri Lanka has launched an ICT value survey to find the national hi-tech exports it achieved in 2013/14.” the minister said in a statement.